Metaplanet Launches US Bitcoin Treasury Firm as Cypherpunk Debuts Zcash Mining Fleet
Tokyo-listed Metaplanet is launching a U.S. bitcoin treasury company through a deal giving it a Metaplanet takes 96% of Super League in 2,100 BTC, cash deal to launch US bitcoin treasury firm.
stake in gaming media firm Super League, according to The Block. The transaction is built around a contribution of 2,100 BTC plus cash, and Super League will be renamed Superplanet and trade under the ticker SUPA, according to Decrypt.
CoinDesk valued the nanocap deal at Japan's Metaplanet launching U.S. bitcoin treasury company through $135 million nanocap deal.
, while Decrypt put the figure at Japan's Metaplanet Plants Its Flag in the US With $132M Bitcoin Treasury Deal.
. Super League shares jumped Metaplanet is taking its bitcoin treasury strategy to the U.S. with a controlling stake in Super League, which surged 80% on the news.
on the news, according to The Block.
Separately, Cypherpunk Technologies brought its Zcash mining operation online, deploying roughly 4.2 GSol/s of Equihash hashrate across the United States, according to The Block. The launch is tied to a Cypherpunk Technologies launches Zcash mining fleet with $33 million Winklevoss deal.
deal involving the Winklevoss twins.
Sources: The Block, CoinDesk, Decrypt
This article is for information only and is not financial advice.
